Risk Management

Risk Management services range from the traditional assessment of risk and input into the design and operation of upstream and downstream O&G facilities, to the growing areas of human factors and safety culture. We work closely with both operators and their engineering consultants and/or EPC contractors to identify, assess and reduce risk and thereby maximize competitive advantage.

Our ability to evaluate the combined impacts of risk on business from a safety, environmental, health, social, reputational, and security perspective differentiates us from other providers. ERM’s integrated Risk Management Practice addresses equipment, management systems, safety culture, and emergency responses, providing added value and enabling us to support clients in the development of effective SHE Cases for their operations. We deliver the full suite of engineering safety studies on new development projects, including Formal Safety Assessments, all the way to detailed Process Safety reviews of high-risk sites and liability costings for clients considering major transactions.

1. Project risk and safety support, including decision support
2. Quantitative Risk Assessments (QRA)
3. HAZID, HAZOP, FMEA Reviews
4. Drilling/SIMOPs Risk Assessment
5. Process Safety Management
6. Offshore Safety Cases, HSE Cases, COMAH
7. HSE Impact Assessments (HSEIAs)
8. Bridging Documents
9. Firewater Design
10. Formal Safety Assessments
11. Safety Culture Diagnostic and Implementation of Improvement Measures
12. HSE Management Systems
13. Human Factors Assessment
14. Consequence Modeling and Analyses
15. SIL, LOPA, FMEA Studies
16. Bow-tie Analyses, Safety Critical Elements Identification and Performance Standards
17. Emergency Response Assessments and Planning
18. Reliability, Availability, and Maintainability (RAM) Studies
19. Corporate Risk Profiling
20. Enterprise Risk Management
21. Risk Software Development
22. Fire & Gas (F&G) mapping